# Wheat Holding Steady to Start Monday Trade

> Wheat opened mixed on Monday after Friday's losses, with May CBOT closing at $5.28 1/4. Speculators increased their net short in Chicago wheat to 92,587 contracts, and Argus trimmed its Russian 2025/26 wheat crop estimate by 1.2 MMT to 80.3 MMT.

- Date: 2025-03-31 · published 2025-03-31T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/25625-wheat-holding-steady-to-start-monday-trade
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

A larger speculative net short and a smaller Russian crop estimate create mixed price pressure, with Russian supply cuts supportive but fund selling bearish.

## Read by commodity

- WHEAT: neutral
- KWHEAT: neutral

## Sources

- tradingview.com: https://www.tradingview.com/news/barchart:dc1101ec5094b:0-wheat-holding-steady-to-start-monday-trade/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.